Mon, 11 Maethereum

Ether price is still stuck below $2.4K: Here is why

Burns Brief

A majority of ETH price rallies stop at $2,400 as flat spot ETF inflows and rising Ether deposits to Binance weigh on traders’ confidence Market sentiment is turning positive, with traders and analysts pointing to potential follow-through momentum in the coming sessions. Watch $ETH for reaction — a decisive move above or below key levels will confirm the next trend.

A majority of ETH price rallies stop at $2,400 as flat spot ETF inflows and rising Ether deposits to Binance weigh on traders’ confidence.

Key Takeaways